Iran Economy News

Iran boosts iron exports to China, India as oil sales slump

Reuters: Iran is raising its exports of iron ore and iron products to China and India in an attempt to replace at least...

Iran oil minister vows to revive output as he eyes price war

Bloomberg: In his first few days as oil minister in President Hassan Rohani’s new government in Tehran, the 61-year-old initiated plans to revive...

China’s July Iran crude imports down 12.6 pct on yr – customs

Reuters: China's average daily crude imports from Iran fell 12.6 percent in July from the same month last year, data from the General...

Tankers used to carry Iran oil are being sold for scrap

Bloomberg: Three of eight tankers that the U.S. Treasury said helped Iran evade sanctions by shipping its oil were sold for demolition, according...

Iran oil minister hints at price war to win back market share

Bloomberg: Iran’s new oil minister, Bijan Namdar-Zanganeh, has released plans to raise oil production 70 percent to 4.2 million barrels a day to...

South Africa’s Sasol disposes of Iranian unit

Reuters: South African petrochemicals group Sasol said on Monday it had disposed of its Iranian joint-venture Arya Sasol Polymer for an undisclosed...

India looks to buy more Iranian oil

Wall Street Journal: India's finance minister said Monday that the country wants to boost imports of Iranian crude as it wrestles with economic...

Iran’s Zanganeh plans to boost oil output if made new minister

Bloomberg: Bijan Namdar Zanganeh, a former Iranian oil minister who has been nominated by President Hassan Rohani to take over the ministry again,...

Latest news

The Effects of Sanctions Relief and Negotiations on Iran’s Economy

Today, Iran’s economy is simultaneously suffering from chronic inflation, declining investment, the erosion of the middle class, expanding poverty,...

Ali Khamenei’s Corpse and the Spectacle of a Dictator’s Burial

The project of burying Ali Khamenei has long been a subject of discussion among the leaders of Iran's regime....

Agreement Between Iran’s Regime and the United States Highlights a New Rift Within the Ruling Establishment

Disagreements over the course of negotiations between Tehran and Washington have once again become public. While some media outlets...

Must read

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian...

Seventy-Eight Nobel Laureates Urge UN Action Amid Rising Executions in Iran

A coalition of 78 Nobel Prize laureates has issued...

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Police shoot dead two demonstrators in Iran Kurdish town

Iran Focus: Tehran, Iran, Jul. 26 – Protests erupted...

Iran not in clear if U.N. report only partly good: U.S.

Reuters: The United States signaled on Wednesday that partial...